Multi-Tenant Retail
New
For Sale
$750,000
915 E Lasalle St, Ville Platte, LA 70586
Existing tenant leases use NNN terms, with tenants covering their pro rata share of taxes, insurance, and CAM.
Property Size25,400 SF
Price / SF$29.53
Days on Market1
Property Features for 915 E Lasalle St
General Information
Standard status
Active
Size
25,400 SF
Property subtype
Shopping Strip
Occupancy
54%
Additional Details
Anchor Co-Tenants
AT&T, Pizza Hut, Anyime Fitness
Amenities
Auction - November 17-19 | Starting Bid: $750,000
11,600 SF of Vacancy Across Three Suites
National Tenants Lease 28% of Total GLA
Long-Tenured AT&T and Anytime Fitness
Only Walmart Supercenter Within 35 Miles
#1 Most Visited Center in Ville Platte
Pro Rata NNN Recoveries Plus 15% Admin Fee
Building Details
Building Size
25,400 SF
Year Built
2006
Tenancy
Multi
Listing Agency:
Orange County Office
Listed By:
Mike Banwell · License #License(s): CA: 02045460
(954) 245-3397
Source:
Marcusmillichap
Added: Oct 19
Last Checked: Oct 19 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Orange County Office
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Investment Insights
Based on property information with market context.
Built in 2006, this 25,400-square-foot retail center is 54% occupied by five tenants. AT&T, Pizza Hut, Anytime Fitness, Royal Beauty Supply, and Community Loans occupy the property; AT&T has operated there since 2006, while Anytime Fitness has been in place since 2010. Three vacant suites total 11,600 square feet, including one 8,000-square-foot space. Existing leases are structured as NNN, with tenants reimbursing their pro rata share of taxes, insurance, and CAM, plus a 15% administrative fee on CAM.
The property is at 915 E Lasalle St in Ville Platte, Louisiana. Walmart owns its store at the center; that store draws 1.3 million visits annually, up 10.7% over three years. The shopping center records 1.7 million annual visits and serves a trade area extending more than 15 miles. Nearby retailers include Sonic, Murphy USA, Dollar Tree, McDonald's, and O'Reilly Auto Parts.
The property is at 915 E Lasalle St in Ville Platte, Louisiana. Walmart owns its store at the center; that store draws 1.3 million visits annually, up 10.7% over three years. The shopping center records 1.7 million annual visits and serves a trade area extending more than 15 miles. Nearby retailers include Sonic, Murphy USA, Dollar Tree, McDonald's, and O'Reilly Auto Parts.
Key Highlights
- 25,400‑square‑foot retail center built in 2006
- Five tenants occupy 54% of the center
- Three vacant suites total 11,600 square feet, including an 8,000‑square‑foot suite
Property Analytics
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Open Analytics
Current Use
Lease Details
54%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
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Business Placement
Demographics for 70586, LA
19,589
Population
8,626
Households
2.3
Avg Household Size
39
Median Age
14%
College-Educated
77%
High-School Grad
310.8 sq mi
ZIP Area
63
Density / Sq Mi
$43,375
Median Household Income
$33,638
Median Earnings
$705
Median Rent
$131,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Existing tenant leases use NNN terms, with tenants covering their pro rata share of taxes, insurance, and CAM.
Where is this strip mall located?
The property is located at 915 E Lasalle St Ville Platte, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 25,400‑square‑foot retail center built in 2006; Five tenants occupy 54% of the center; Three vacant suites total 11,600 square feet, including an 8,000‑square‑foot suite
